No recession coming

And refinances soar

Wednesday, August 7th ______________________________________________________ ​“A stupid man's report of what a clever man says is never accurate, because he unconsciously translates what he hears into something that he can understand.” -Bertrand Russell ______________________________________________________ Markets Today   🌏 Asia-Pacific: Mixed   🇪🇺 Europe: Up 🇺🇸 United States: Up 🛢️ Oil: Up ⚡ Crypto: Down​​​​ ______________________________________________________ Major Market Events    • Refinances soar: As mortgage rates dip to lowest level in over a year (link)   • No recession coming: At least, if you're looking at freight volume (link)   • Bank of Japan caves: They got bullied into not raising rates (link) ______________________________________________________ 🤔 My Thoughts    Well, the past few days have been crazy! The markets fell 5% off their all-time high and people freaked out. I've been saying this and I'll keep on saying this:  Interest rate cuts are not coming. A 5% pullback is actually pretty normal. And there is still low unemployment and good demand. Yeah, housing is a mess, but guess what: The Fed doesn't care. They don't care about middle-class homeowners, or regular Americans in general...they care about their banking buddies. And the system is working great for them right now.  So, that's the harsh truth. You may have to rent for the rest of your life, but no one (in power) cares. To Better Trading, Alex Reid Wealthpin   WealthPin

Wednesday, August 7th ______________________________________________________ ​“A stupid man's report of what a clever man says is never accurate, because he unconsciously translates what he hears into something that he can understand.”   -Bertrand Russell ______________________________________________________ Markets Today   🌏 Asia-Pacific: Mixed   🇪🇺 Europe: Up   🇺🇸 United States: Up   🛢️ Oil: Up   ⚡ Crypto: Down​​​​ ______________________________________________________ Major Market Events    Refinances soar: As mortgage rates dip to lowest level in over a year (link)   No recession coming: At least, if you're looking at freight volume (link)   Bank of Japan caves: They got bullied into not raising rates (link) ______________________________________________________ 🤔 My Thoughts    Well, the past few days have been crazy! The markets fell 5% off their all-time high and people freaked out. I've been saying this and I'll keep on saying this:    Interest rate cuts are not coming. A 5% pullback is actually pretty normal. And there is still low unemployment and good demand. Yeah, housing is a mess, but guess what:   The Fed doesn't care. They don't care about middle-class homeowners, or regular Americans in general...they care about their banking buddies. And the system is working great for them right now.    So, that's the harsh truth. You may have to rent for the rest of your life, but no one (in power) cares. To Better Trading,   Alex Reid Wealthpin WealthPin

A Wealthpin Publication ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions. Unsubscribe This email was sent to edwardlorilla1986.paxforex@blogger.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin

A Wealthpin Publication   ABOUT US: Wealthpin is a publishing and education company. We believe that the best manager of your money is YOU and we want to give you great research to help you do that. Our goal is to uncover cutting-edge investment ideas and share them with you in a way that’s clear and useful.  Our  investment research is typically focused on undervalued stocks, high dividends and major growth potential.   DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpin  are for your informational purposes only. Neither Wealthpin  nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.   DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpin is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit https://wealthpin.com/terms-of-use/ for our full Terms and Conditions.   Unsubscribe This email was sent to edwardlorilla1986.paxforex@blogger.com by Wealthpin 101 Marketside Ave, STE 404, PMB 318 | Ponte Vedra | FL | 32081 WealthPin